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Summary and Conclusions

Robert F. Bordley ()
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Robert F. Bordley: University of Michigan, Systems Engineering and Design Program, Industrial and Operations Engineering Department, College of Engineering

Chapter Chapter 13 in Managing Project Complexity and Risk with Systems Engineering, 2026, pp 151-153 from Springer

Abstract: Abstract In the industrial revolution, factories divided the process of building a product into different steps. Instead of building complete products, workers completed just one of these steps as their contribution to the team building a large number of products. Adam Smith (1776) championed this division of labor as dramatically increasing both the quantity and quality of production.

Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-032-08901-4_13

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DOI: 10.1007/978-3-032-08901-4_13

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